Инициативы Казахстана в формировании единого валютно-финансового пространства

Abstract

The article is about initiatives of Kazakhstan in common monetary-financial space. Kazakhstan one of the first who has announced about the defectiveness of the world currency based on the dollar USA. World financial crisis showed that there is a need to upgrade the existing financial system or to find conceptually new model of world order. After these announcements many countries and regional unions decided to create their currency which will be independent from dollar rate. It is clear that the process of transition toward new currency requires fundamental researches with estimation of challenges, advantages and time.